Fiduciary liability insurance is a specialized form of professional liability coverage designed to protect individuals and organizations that manage employee benefit plans. This includes anyone who ...

Courtney C.T. Horrigan, Elizabeth L. Taylor and Kalid Knox L-R: Courtney C.T. Horrigan, Elizabeth L. Taylor, and Kalid Knox of Reed Smith. Courtesy photos While best practices suggest that insurance ...

The protection provides coverage for the costs of legal services, computer forensic services, public relations and crisis management expenses, and more. Colonial Surety, a direct and digital insurer, ...

As you may be aware, Employee Retirement Income Security Act (ERISA) fidelity bonds and fiduciary liability insurance are not the same. Both serve to mitigate risk for fiduciaries, and are critical ...

The Multiemployer Plan Fiduciary Liability Policy covers employee benefit plans and their fiduciaries WHITEHOUSE STATION, N.J., Nov. 15, 2022 /PRNewswire/ -- Chubb has introduced the Multiemployer ...

In the weeks following a ground-breaking Supreme Court case allowing individual 401(k) participants to sue employers, lawyers have been recommending that advisers require plan sponsors to purchase ...

Digitally-enabled Executive Risks products help protect businesses from fast-moving risks; make customizing management liability coverage easier and quicker for brokers SAN FRANCISCO--(BUSINESS WIRE)- ...

Erupting ERISA litigation is forcing defined contribution sponsors to endure higher fiduciary liability insurance premiums, with some renewals costing double or triple and most averaging double-digit ...

ERISA plan sponsors, fiduciaries, and service providers are facing an unprecedented upswing in litigation, costing fiduciaries millions of dollars to defend and exposing them to many more millions of ...

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As large-scale layoffs and ERISA lawsuits alleging misuse of forfeited 401(k) money continue to make headlines, plan sponsors are on alert. Processing Content Employee termination spiked in March, ...

The warranty in the electronics business is gravy for the retailers who sell it. You’ll be surprised how many people pay $20 to get a warranty on a $100 Blu-Ray player. When Best Buy was going ...